Page 5 - WSAAG081_Jumbo Booklet
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Up Market
In a rising market, tapping your jumbo loan when you need to cover expenses may
be a more productive use of your money than selling off well-performing assets.
You may decide as much in consultation with your financial advisor, especially if
you have a long-term investment outlook.
Down Market
If your investments get caught up in a down cycle, use funds from your jumbo loan
until the market rebounds. This way, you can keep your portfolio intact the way you
designed it to be. Consult your financial advisor.
Cash Preservation Tool
Preserve more of your cash when buying your next primary residence. Simply add
your jumbo loan to your down payment to complete the purchase, after which you will
have no monthly mortgage payments. You are still responsible for home maintenance,
property taxes, and homeowners insurance.
Tax Reduction Tool
Avoid a potential large capital gains tax that a home sale could trigger. Rather, tap your
home equity using your jumbo loan. Your loan proceeds are paid out tax free.
